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Home Tips from Teri – July 2013

July 15th, 2013 by tisner

Home Tips from Teri is a monthly email newsletter offering tips for saving money, home maintenance, safety, and just about anything else you can think of.

The July edition gives ideas for keeping your yard healthy and your garden looking good all summer long.

Teri’s Home Tips are delivered by email each month. Want to subscribe, click on this link and then hit the ‘refer a friend’ button and enter your name and email.

Do you know someone who is buying or selling property? We can help. Just click the ‘refer a friend’ button and complete the form.

For more information on Orlando real estate, visit OrlandoAvenue.com.

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Summer Yard and Garden Secrets

July 2nd, 2013 by tisner

 

Orlando Avenue Top Team

Phone: Phone: (407) 467-5155

Keller Williams At The Lakes and Celebration

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Buying Selling or Relocating? We Can Help! Compliments of Teri, Trisha, Virginia and Grant.
Orlando Avenue Top Team

Keep Your Garden Growing This Summer

Keep your yard healthy and your garden growing this summer with a little planning and a few pro tricks:

Conserve Water – Follow water conservation best practices. Many municipalities enact a watering ban during droughts to conserve water for essential uses, so if a lush lawn matters to you, consider installing a rainwater collection system.

Crowd Out Weeds – Watch out for gaps in your flowerbeds or thin patches in your lawn that will allow weeds to invade. The simplest way to keep weeds at bay is to crowd them out with a plentiful garden and a thick lawn.

Strengthen Roots – Encourage root growth by fertilizing garden plants on a regular schedule, avoiding drowning the roots by overwatering and planting where they receive adequate sunlight.

Partner Your Plants – Pair plants that have a symbiotic relationship together. For example, beans add nitrogen to the soil, so pair them with nitrogen-using plants like cucumbers and beets.

Natural Nutrition – Dig leaves and mulch into vegetable beds and use to cover exposed soil under trees and shrubs. Add nutrient-rich compost to vegetable gardens to help regenerate the soil.

Repel Pests – Include natural pest-repelling plants in your garden. Garlic, lavender and marigolds are well known for their ability to deter pests.

Build Shelter for Plants – Provide your more delicate plants with shelter from the blazing sun or harsh winds by strategically planting hedges and shade trees for protection.

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Keller Williams At The Lakes and Celebration
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Orlando Real Estate For Sale: The Home You Have Been Looking For!

January 17th, 2013 by tisner

Orlando Real Estate For Sale: The Home You Have Been Looking for!

814 Duff Dr, Winter Garden FL 34787
MLS# S4707972

You have now found the home you have been searching for, and it is ready for you to move right in. This beautifully maintained property in the gated community of Glynwood offers 4 bedrooms, 4 baths, plus an office, plus a bonus room! As you enter, the home welcomes you with a view through the living room to the custom solar heated swimming pool, its waterfalls, and covered lanai perfect for enjoying with family and friends. This private backyard retreat faces a wooded area and is also accessible from the family room and master bedroom. The upgraded kitchen features 42″ cherry cabinets, solid surface Corian counters, and stainless steel appliances. The versatility of the upstairs bonus room and its full bath enable your imagination to create a wonderful game room, guest room, or media room. The open floor-plan is complimented with four downstairs bedrooms which are ideally located in 3 separate areas. This lovely home has great curb appeal, has a side-entry garage, comes with plantation shutters, is pre-wired for surround sound, and shows like a model. Make it yours today!

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Should I Increase the Mortgage On My Orlando Home to Pay Off Other Debts?

January 17th, 2013 by tisner

Consolidating credit cards and loan debts into your Orlando home mortgage can seem a ‘no-brainer’ – after all, given the size of the debt, mortgage payments are really low, aren’t they? However, it’s not necessarily the win-win strategy it seems.

To learn more about whether debt consolidation is right for you read this article by Money.Co.UK. Yes it is an article from the UK, but it offers some really useful tips and information about finance that a lot of people misunderstand and some solid advice that applies no matter what country they happen to live in.

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Orlando Real Estate For Sale: 835 Hammocks Dr Ocoee FL

December 20th, 2012 by tisner

Orlando Real Estate For Sale:

835 Hammocks Dr, Ocoee FL 34761 MLS#O5134015

Beauty Warmth & Value!

This custom 4 bedroom, 2 bath with over 2300 square feet shows the pride of ownership. Premium Granite kitchen counters ($23K), and $3K backsplash. Travertine stone flooring throughout including enclosed porch ($35K). Marble bath & fireplace with inlay granite ($20K), paver drive & patio ($10K). Absolutely Move in Ready! You will not be disappointed. $88K of upgrades. Extra large private backyard with plenty of space to run, relax or add a pool. Split floor plan is family-friendly with privacy for parents, kids, & guests. The master bath features Garden Tub, separate shower, double vanity with ‘His & Her’ walk in closets. Egyptian marble in master bath & crème of mafil in the other. The central kitchen includes all appliances, Geriba granite, Jennaire range, $1K Frankie stainless steel sink, Bosch dishwasher, built-in desk, breakfast bar & 42″ cabinets, plus a large eating area open to the family room. $300 utility room sink + the Maytag Neptune washer and dryer stay. Extra insulation & new A/C in 2010 keeps your heating & cooling costs down. Ceiling fans, security system, sprinkler system, 10′ ceilings thru-out. Enjoy a quiet evening in the family room with a fire. Built-in display niches will provide a place for your artistic treasures. The whole effect is that of a warm, open, spacious dwelling. Original owner . IMPECCABLY MAINTAINED! Minutes to hospital, mall & shopping, 408/429/Florida turnpike/I-4, and 30-40 minutes to Orlando Airport. Convenient to area attractions. LOADED W/UPGRADES! Shows like a model. Come look inside today. THIS is the one you’ve been searching for!

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Orlando FL Real Estate Market Trends – Nov 2012

November 20th, 2012 by tisner

Hurricane Sandy’s immediate impact on real estate in the hardest hit Northeastern neighborhoods has become painfully evident, from New Jersey shore houses completely swept away by the sea to entire neighborhoods like Queens’ Breezy Point tragically leveled to the ground. But this latest natural disaster won’t just affect certain ZIP codes, it will weigh on America’s housing market as a whole, according to Forbes.com.

In many parts of the country a housing recover has begun. Nationally, home sales have been notably higher this year as compared to last. In September, existing home sales were up 11% year-over-year and pending sales up 14.5%, according to the National Association of Realtors. Prices have risen too, with the national median sales price $183,900, or about 11% higher than September of 2011.  Inventory has fallen drastically in many parts of the country, fueling the uptick in prices. The rising numbers have helped housing become a bright spot in recent economic reports, with analysts projecting that residential investment will positively contribute to gross domestic product this year for the first time since 2005.

Now, that rosy recovery is sure to dampen. “This will certainly create a negative in the short term,” says Lawrence Yun, chief economist of the National Association of Realtors. “The bottom line is we clearly anticipate a slowdown, but it will be temporary.”

Take a look at sales figures in our local real estate market for October.

Orange County Real Estate Sales Statistics – October 2012  

Orange County saw 191 more homes sold in October 2012 than 2011, a 12 percent increase. The average sales price increased by 6 percent and the median sales price increased by 2% from October 2011.  Market times decreased by 25 days or 15 percent.  

Orange County Homes Sold Average Sales Price Median Sales Price Average Market Times 
October 2012  1,549  $168,522  $121,000 144
October 2011  1,358  $158,492  $118,000 169

Osceola County Real Estate Sales Statistics – October 2012

Osceola County homes saw home sales decreased by 1 homes, a 0.2 percent decrease. Prices increased with the average sales price up 0.5 percent and the median price increased by 7 percent.  Market Times decreased by 31 days compared to October 2011.

Osceola County Homes Sold Average Sales Price Median Sales Price Average Market Times 
October 2012 474  $126,797  $107,000 150
October 2011 475  $126,134  $99,900 181

Seminole County Real Estate Sales Statistics – October 2012

Seminole County residential sales increased by 19 percent with 115 more homes sold in October 2012. The averages sales price increased by 6 percent, and the median sales price increased by 14 percent compared to October 2011 levels. Market times decreased by 30 days or 18 percent.

Seminole County Homes Sold Average Sales Price Median Sales Price Average Market Time 
October 2012  615  $167,982  $140,000 139
October 2011 500  $158,074  $120,500 169

Lake County Real Estate Sales Statistics – October 2012  

Residential sales in Lake County increased with 89 more home sold a 21 percent increase. The average sales price increased by 7 percent, while the median sales price increased by 9 percent during the same time period.  Market times decreased by 24 days.

Lake County Homes Sold Average Sales Price Median Sales Price Average Market Time 
October 2012 421  $139,091  $124,000 161
October 2011 332  $129,816  $112,950  185

Polk County Real Estate Sales Statistics – October 2012

Polk County saw 186 more home sold in October 2012 compared to 2011.  The average sales price increased by 0.3 percent, while the median sales price increased by 7 percent.  Market times decreased by 3 day compared to October 2011.

Polk County Homes Sold Average Sales Price Median Sales Price  Average Market Time
October 2012 744  $108,417  $97,375 160
October 2011 558  $108,066  $90,925 163

Now is the time to get your best price on an Orlando home, before the prices move upward. 

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Orlando FL Real Estate Market Trends – July 2012

August 28th, 2012 by tisner

Good news!  The recent results of a large-scale survey strongly indicates that consumer optimism and the desire to own real estate continue to rise.

Additionally, Fannie Mae’s National Housing Survey polls 1,001 Americans each month to assess their attitudes toward homeownership, renting, mortgage rates, foreclosures, the economy, household finances, and overall consumer confidence. The results of June’s survey show Americans are increasingly optimistic about the housing market despite concerns about the broader economy and their personal finances.

  • According to the survey, Americans expect home prices to increase 2.0 percent over the next year.
  • Among participants, 35 percent said prices would rise over the next 12 months, which is the largest percentage in the survey’s two-year history.
  • Also, the number of respondents who said they would buy their next home if they were going to move rose 6.0 percent to 69 percent, which is the highest level ever recorded.
  • The number of Americans who said it was a good time to buy a home increased to 73 percent.

Lets take a look at July sales figures in our local markets.

Orange County Real Estate Sales Statistics – July 2012  

Orange County saw 68 more homes sold in July 2012 than 2011, a 4 percent increase. The average sales price increased by 6 percent and the median sales price increased by 8% from July 2011.  Market times decreased by 19 days or 20 percent.  

Orange County Homes Sold Average Sales Price Median Sales Price Average Market Times 
July 2012  1,512  $171,419  $129,000 76
July 2011  1,444  $161,624  $119,000 95

 Osceola County Real Estate Sales Statistics – July 2012

Osceola County homes saw home sales decreased by 27 homes, a 5 percent decrease. Prices increased with the average sales price up 11 percent and the median price increased by 15 percent.  Market Times decreased by 31 days compared to July 2011.

Osceola County Homes Sold Average Sales Price Median Sales Price Average Market Times 
July 2012 492  $132,337  $109,950 79
July 2011 519  $117,580  $93,500 110

 Seminole County Real Estate Sales Statistics – July 2012

Seminole County residential sales increased by 2 percent with 9 more homes sold in July 2012. The averages sales price increased by 4 percent, and the median sales price increased by 6 percent compared to July 2011 levels. Market times decreased by 27 days or 25 percent.

Seminole County Homes Sold Average Sales Price Median Sales Price Average Market Time 
July 2012  577  $172,139  $140,000 83
July 2011 568  $165,828  $131,500 110

 

Lake County Real Estate Sales Statistics – July 2012  

Residential sales in Lake County increased with 48 more home sold a 12 percent increase. The average sales price decreased by 4 percent, while the median sales price increased by 1 percent during the same time period.  Market times increased by 29 days.

Lake County Homes Sold Average Sales Price Median Sales Price Average Market Time 
July 2012 414  $ 130,266  $115,000 120
July 2011 366  $136,284  $113,765  149

 Polk County Real Estate Sales Statistics – July 2012

Polk County saw 111 more home sold in July 2012 compared to 2011.  The average sales price increased by 9 percent,and the median sales price increased by 8 percent.  Market times decreased by 14 days the same as July 2011.

Polk County Homes Sold Average Sales Price Median Sales Price  Average Market Time
July 2012  693  $114,025  $96,990 102
July 2011 582  $103,511  $89,000 116

Now is the time to get your best price on an Orlando home, before the prices move upward. 

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Orlando Home For Sale In the Milk District

July 31st, 2012 by tisner

The Milk District is an Orlando, Florida enclave of fun shops, restaurans and bars on and around Robinson, just a drive from downtown. The name of the neighborhood comes from it’s being so close to the TG Lee Milk processing plant. The area is full of fun things to do.  Though it’s gone through a good deal of change over the years, the area around Bumby Avenue and Robinson Street east of downtown has retained much of its original character.

The area’s unique and quirky restaurants include the Beefy King with the best roast beef sandwiches for the past 40 years; the Bull n Bush, the oldest authentic pub in Orlando; PomPom’s Teahouse and Sandwicheria with cool artwork and a warm atmosphere; the Sandwich Bar where where vegan, herbivore and carnivore can dine together  and not eat each other; Spooky’s Black Cat…quirky doesn’t even begin to describe it; Sportstown Billiards, Orlando’s best known poolhall for many years; The Milk Bar, a cigar shop and lounge; and the Drunken Monkey, a coffee junkie’s paradise. There is also a Food Truck Pod on Tuesday evenings which is awesome. There are so many bars within walking distance of each other, the Milk district is is foodie’s heaven!

If shopping is your thing, check out: the Etolie Boutique for taking vintage to a new level; Kyle’s Bike Shop with its small shop atmosphere; Little Joe’s Primrose Tattoo Parlor; Liberty Barber Shop; The Book Worm, an independent bookseller; Vinyl Richie’s Wiggly World Of Records;  the Class Acts Salon for pamping from head to toe and to bringing out your individual, natural beauty; Day Paws Doggie DayCare providing owners the KidsVision Web Cam Service, allowing you to watch your dog from any computer with an Internet connection! 

Residential and commercial opportunity knocks with one of the most unique properties the area has to offer, 2431 E Jefferson Street.

 Beauty Warmth & Value in this exquisite 2 story pool home touched by tradition & charm.  Space for any family or business activity from an open kitchen family room to the wet bar in the party sized great room. Featuring hardwood floors, & the finest finishes incl. granite counters, stainless appliances, 2 fireplaces, double insulated windows, landscaped lighting & a gas generator that will power the entire home.  The central location is perfect for a home business use. Family & friends will delight in the fenced backyard with in ground pool & room for croquette, badminton, business & office opportunitys. Designed for hours of fun or relaxation enjoy all the benefits of the outdoor & indoor space.  The home was completely remodeled in 2004 with new plumbing, electric, A/C & roof. There is an outdoor shower to use before you make a splash in the pool.

          

No need to worry about a power outage with the propane gas generator to keep you going in an emergency.  Swing on the hammock or relax under the gazebo there is also plenty of deck and porch area for outdoor gatherings.  .  The unique archways and art in around the home just add to the charm.  Check out the hurricane wall inside by the kitchen breakfast bar, or the butterfly tile mosaic and don’t miss the lighted stairs to the great room.   Two fireplaces and two ice makers, one up one down plus a breakfast bar or eat in kitchen nook to choose or just sip an ice tea on the porch or up high on the deck you decide.
  
The building features 4616 total square feet of which 3064 is under air.  This home is zoned 0-1 which means you have the opportunity for commercial use on this lot.  The three car garage provides tons of space for the cars or workshop.  In addition the lot provides boat, RV or motorcycle covered parking and beyond that is an 8×20 container for more storage.  Completely fenced with an electric gate the possibilities abound.  The unique archways and art in around the home just add to the charm. The cement siding is also an added benefit.
 
The addition in 2006 is currently a great room with wet bar, bath and balcony but would make a great office, with a downstairs foyer reception area.  Entrepreneurs you can work from home, bring your business there is plenty of space for another building and parking on the lot included with the sale.
 
Contact us today to experience this one of a kind property! 407-467-5155 or teri@teriisner.com

Orlando FL Real Estate Market Trends – June 2012

July 31st, 2012 by tisner

As Americans, we celebrated Independence Day this month flocking to places like Mount Vernon, Monticello and Peacefield to learn and understand more about our country’s history and the men and women who shaped its future. The homes of founding fathers like George Washington, Thomas Jefferson and John Adams were more than shelter; they were places of respite, reflection and inspiration.

“Homeownership is an investment in our future, but it’s also a gateway to our past,” said National Association of Realtors President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. “The homes of our country’s founders offer insights into their characters and values, and reflect the spirits of their owners, just as our homes do for us today.”

In some ways, historic homeowners bear little resemblance to the homeowners of today. George Washington inherited Mount Vernon when he was 20; only 4 percent of recent home buyers were between the ages of 18-24, according to the 2011 NAR Profile of Home Buyers and Sellers. John Adams was born in the house that would remain in the Adams family for four generations. Today, fewer than 3 percent of families in this country have received their primary residence as an inheritance, according to a recent Survey of Consumer Finances published by the Federal Reserve Board.

Women’s rights to own property in America’s early days were often based on their relationships with men, so it’s not surprising that many women today view homeownership as its own form of independence, with single women representing more than one-fifth of all home buyers in the current market.

Homeowners across U.S. history do share some common ground, of course. Most of the founding families lived out their lives close to where they were born, and the same is true today. The U.S. Census Bureau reports that nearly 60 percent of Americans currently live in the state in which they were born, and NAR research shows that the typical buyer moves only 12 miles from his or her previous residence.

“I am as happy nowhere else and in no other society, and all my wishes end, where I hope my days will end, at Monticello,” said Thomas Jefferson of his home. Although today’s economic environment has postponed homeownership for some, numerous surveys show that most Americans still aspire to homeownership. In the NAR Profile, a full 60 percent of recent first-time home buyers cited the desire to own a home of their own as the primary reason for purchasing a home.

Lets take a look at June sales figures in our local Orlando FL real estate markets.

Orange County Real Estate Sales Statistics – June 2012  

Orange County saw 96 less homes sold in June 2012 than 2011, a 6 percent decrease. The average sales price increased by 9 percent and the median sales price increased by 10% from June 2011.  Market times decreased by 13 days or 8 percent.  

Orange County Homes Sold Average Sales Price Median Sales Price Average Market Times 
June 2012  1,637  $178,061  $127,200 149
June 2011  1,733  $161,411  $115,000 16

 Osceola County Real Estate Sales Statistics – June 2012

Osceola County homes saw home sales decreased by 119 homes, a 19 percent decrease. Prices increased with the average sales price up 7 percent and the median price increased by 17 percent.  Market Times decreased by 18 days compared to June 2011.

Osceola County Homes Sold Average Sales Price Median Sales Price Average Market Times 
June 2012 493  $133,689  $109,000 154
June 2011 612  $124,052  $90,000 172

 Seminole County Real Estate Sales Statistics – June 2012

Seminole County residential sales increased by 14 percent with 90 more homes sold in June 2012. The averages sales price increased by 10 percent, and the median sales price increased by 8 percent compared to June 2011 levels. Market times decreased by 6 days or 4 percent.

Seminole County Homes Sold Average Sales Price Median Sales Price Average Market Time 
June 2012  628  $166,368  $130,000 152
June 2011 538  $149,841  $120,000 158

 Lake County Real Estate Sales Statistics – June 2012  

Residential sales in Lake County decreased with 5 less home sold a 1 percent decrease. The average sales price increased by 4 percent, while the median sales price increased by 6 percent during the same time period.  Market times increased by 3 days.

Lake County Homes Sold Average Sales Price Median Sales Price Average Market Time 
June 2012 406  $140,700  $123,750 190
June 2011 411  $135,438  $116,750  187

 Polk County Real Estate Sales Statistics – June 2012

Polk County saw 24 more home sold in June 2012 compared to 2011.  The average sales price increased by 16 percent,and the median sales price increased by 15 percent.  Market times decreased by 14 days the same as June 2011.

Polk County Homes Sold Average Sales Price Median Sales Price  Average Market Time
June 2012  693  $120,320  $100,000 164
June 2011 669  $100,841  $85,000 178

Now is the time to get your best price on an Orlando home, before the prices move upward. 

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Orlando FL Foreclosure Trends – March 2012

April 24th, 2012 by tisner

There were 12,128 Orlando FL foreclosure homes in March 2012, according to RealtyTrac.com.  The average sales price of an Orlando home was $126,288 and the average sales price of a foreclosure home was $104,270, a $22,018 savings.

Orlando FL Foreclosure Activity and 30 Year Interest Rate

The interest rate on a 30 year mortgage was 3.95% in March and there were 986 new foreclosures compared to 1,171 new foreclosures in February.

 

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Orlando FL Foreclosure Geographical Comparison

Orlando FL foreclosures were 0.11% above national statistics, 0.04% below Florida figures and 0.01% below Orange County numbers in March.

 

Orlando FL Foreclosure Activity by Month

Read the rest of this entry »

Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
700 Celebration Blvd
Suite 300
Celebration, Fl 34747

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